posted
Couldn't find the ATLJ thread so here you go, great buy opp right now has been beaten down on fears that have now been alleviated:
Asia Telecom Ltd. Shareholder Update Thursday March 8, 1:30 pm ET
NEW YORK, NY--(MARKET WIRE)--Mar 8, 2007 -- Asia Telecom Ltd. (Other OTC:ATLJ.PK - News) is proud to announce that the Company has been listed on the Frankfurt Stock Exchange (http://deutsche-boerse.com) under the trading symbol HZK.F (Frankfurt:HZKF.F - News). ADVERTISEMENT
The Company would also like to allay the concerns of its shareholders by re-stating its commitment to increasing the net worth of the company and enhancing share value.
CEO Ayaz Karimov stated: "There has been no further dilution in the share structure of the Company. Our Company has not amended or restructured its share structure since January 2007 and there are no plans to do so, especially since our Company is planning to become a fully reporting issuer and this process could take several months."
A more formal update on the various projects and initiatives undertaken by the Company is expected before the end of Q1-2007 (March 31st).
About Asia Telecom Ltd.
Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
Contact: Contact: Asia Telecom, Ltd. Mike Palmer Tel: (646) 415-8549 Email: atljinfo*yahoo.com
Posts: 630 | Registered: Jun 2006
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posted
Thats a joint venture with another company at a rev income of 30 mill. I wonder what the split will be? also that is future earning not past/present. The pps is falling I guess there is alot of short selling, which I think should be illegal with stocks.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
its currently .0033 and falling. I bought last week at a higher price and have had a loss since.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
ATLJ -- Asia Telecom, Ltd. Com (No Par) Search for Dun & Bradstreet reports on this company.
Address: 7357 Woodbine Avenue Suite 331 Markham, ONT L3R 6L3 CAN
Phone: 646-415-8549
Business Description: voip telecommunications company operating in Central Asia and Eastern Europe
Primary State of Incorporation: California
Country of Incorporation: USA
Officers: Ayaz Karimov, President/CEO
Outstanding Shares: 325,112,508 as of 2007-01-30
Estimated Market Cap: 1.463M as of 2007-03-07 (based on Outstanding Shares as of 2007-01-30) Authorized Shares: 500,000,000 as of 2007-01-30
Current Capital Change: shs decreased by 1 for 1000 split Ex-Date: Record Date: Pay Date: 2006-04-04
Dividends:
Company Notes: Formerly=Jalate, Ltd. until 4-06
Transfer Agent: Select American Transfer Co., Toronto, ON M2N 7G2 52 WEEK HIGH $50.00 ATLJ -- Asia Telecom, Ltd. Com (No Par)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Asia Telecom Ltd. Shareholder Update Mar 8 2007 2:31PM ET *********.com: Speak with other shareholders about: (Pink Sheets: ATLJ), (OTC BB: GNLM), (OTC BB: UPDA) Mar 5 2007 12:30PM ET momoplays.com: momoplays.com: MOMENTUM ALERT !!!!! momoplays.com is pleased to announce that our latest pick Asia Telecom Ltd ( ATLJ : OTC ) is off and running. With the current news we feel that the potential for gains is huge..GOT STOCK??? Mar 5 2007 10:49AM ET WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, GNLM, UPDA" Mar 5 2007 10:27AM ET momoplays.com: MOMENTUM ALERT !!!!! momoplays.com is pleased to announce that our latest pick Asia Telecom Ltd ( ATLJ : OTC ) is off and running this am. We initially alerted at .06 and the stock is already plowing through the .07s. We feel that in light of recent news, this stock has the... Mar 2 2007 11:59AM ET Asia Telecom Ltd. Announces Intention to Become a Reporting Issuer Mar 2 2007 10:50AM ET WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, NFEI, ETIM" Mar 2 2007 10:31AM ET Asia Telecom Ltd.: Asia Telecom Ltd. announces intention to become a reporting issuer Mar 2 2007 4:53AM ET redhotpennystock.com: BIGN, TQWD, WHKA GBDX, ATLJ "Red Hot Penny Stock Alert" Feb 26 2007 12:34PM ET WallStreetGrapevine.com: "Stocks on the Rise- ATLJ, NFEI, WWAT" Feb 26 2007 11:26AM ET
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
weeeeeeeeeeeee!!! This has a ways to go IMO. Severly undervalued, float I believe to be a little over 200 mil and we've almost turned that this week alone!
Posts: 410 | Registered: Jan 2006
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posted
That news was a great confirmation of what was expected from this company. Not often do you get full disclosure from a pink sheet stock. I think this will help this one to move to the next level sooner than expected. Looking for entries at cheap levels here.
Posts: 660 | From: california | Registered: Nov 2005
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